LAUNCESTON, Australia, April 28- China's import volumes of iron ore and coking coal are looking increasingly disconnected despite the price of both steel-making ingredients tumbling. Chinese iron ore miners are struggling to compete with imports in the wake of collapse in the spot Asian price from above $190 a tonne in February 2011 to a record low of $46.70 on...» Read More
Arch Coal rose$. 04 or 3.6 percent, to $1.03. Consol Energy Inc. fell$. 48 or 1.6 percent, to $30.20. Peabody Energy fell$. 01 or. 2 percent, to $4.49.
NEW YORK/ LONDON, April 24- Gold hit its lowest level in more than a month on Friday, falling for the third straight week as strength in global equities diverted interest from the precious metal, although uncertainty over the timing of a U.S. rate rise kept prices in a tight range. Spot gold was down 1.4 percent at $1,177.03 an ounce at 2:34 p.m. EDT, while U.S. gold...
NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. unchanged at $12.64. Newmont Mining Corp. rose $1.80 or 7.7 percent, to $25.25.
Hecla Mining Co. fell$. 06 or 1.9 percent, to $3.04. Pan American Silver Corp. fell$. 13 or 1.4 percent, to $9.20. Silver Standard Resources Inc. fell$. 09 or 1.7 percent, to $5.34.
Arch Coal rose$. 05 or 5.1 percent, to $1.05. Consol Energy Inc. fell$. 39 or 1.3 percent, to $30.29. Peabody Energy rose$. 09 or 2.0 percent, to $4.59.
Hecla Mining Co. fell$. 08 or 2.6 percent, to $3.02. Pan American Silver Corp. fell$. 14 or 1.5 percent, to $9.19. Silver Standard Resources Inc. fell$. 07 or 1.3 percent, to $5.36.
Arch Coal rose$. 04 or 3.6 percent, to $1.03. Consol Energy Inc. fell$. 24 or. 8 percent, to $30.44. Peabody Energy rose$. 04 or. 8 percent, to $4.54.
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 16 or 1.3 percent, to $12.48. Newmont Mining Corp. rose $1.17 or 5.0 percent, to $24.62.
That measure was prompted by the ongoing war against Russian-backed separatists in the east, where Ukraine's most productive coal mines are located. The concern among supporters of Ukraine's coal industry is that cheaper foreign fuel could undermine the viability of domestic production. Akhmetov's DTEK holding company controls the bulk of Ukraine's...
SYDNEY, April 24- Australia is finding it harder than hoped to get over the hump of a decade-old mining boom as sliding resource prices and sluggish business investment foreshadow another year of substandard growth. The latest Reuters poll of analysts expects Australia's A $1.6 trillion of gross domestic product to grow 2.6 percent in 2015, just up on last...
Arch Coal fell$. 03 or 2.5 percent, to $0.99. Consol Energy Inc. rose$. 66 or 2.2 percent, to $30.68. Peabody Energy fell$. 37 or 7.6 percent, to $4.50.
Barrick Gold Corp. rose$. 27 or 2.2 percent, to $12.64. Gold Fields Ltd ADS rose$. 10 or 2.4 percent, to $4.29. Newmont Mining Corp. rose$. 68 or 3.0 percent, to $23.45.
Hecla Mining Co. rose$. 10 or 3.3 percent, to $3.10. Pan American Silver Corp. rose$. 21 or 2.3 percent, to $9.33. Silver Standard Resources Inc. rose$. 04 or. 7 percent, to $5.43.
LIMA, Peru— Mourners carried a coffin holding a 61- year-old farmer through the streets of a southern Peru port city Thursday after the man became the first fatality of a monthlong protest against a Mexican-owned copper mining project. Agriculture Minister Juan Manuel Benites, the chief government negotiator in the dispute, said the widening protest against...
GREENWOOD VILLAGE, Colo. _ Newmont Mining Corp. on Thursday reported first-quarter profit of $183 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
*Vedanta's Zambia copper unit will still lose money- CEO. LUSAKA, April 23- Barrick Gold Corp, the world's biggest gold producer, said on Thursday it will not suspend operations at its Lumwana open-pit copper mine in Zambia now that the country's government has reduced mining royalties. "We appreciate the leadership and engagement of President Lungu and the...
TORONTO, April 23- Freeport-McMoRan Inc is mulling a public offering of its oil and gas business to help kick-start production growth for its energy business, along with joint ventures or asset sales, the diversified miner said on Thursday. Weighted by a $20.3 billion debt load, Freeport has been studying several options to secure capital but found joint...
*Expects Q2 adjusted loss of $0.49- $0.59/ shr vs est $0.35/ shr. *Expects lower costs in U.S., Australia; cuts capex. April 23- Coal miner Peabody Energy Corp's forecast of a bigger-than-expected loss for the current quarter overshadowed the company's latest plan to cut costs, sending its shares to a near 13- year low.
Caterpillar reported earnings and revenue that beat expectations. But CEO Doug Oberhelman warned on CNBC: Don't expect a repeat.
Arch Coal fell$. 04 or 3.6 percent, to $0.98. Consol Energy Inc. rose$. 29 or 1.0 percent, to $30.31. Peabody Energy fell$. 39 or 8.0 percent, to $4.48.